Ethereum looks unlikely to break $3,000 in the near term as network activity stays sluggish

Key takeaways: Ethereum’s decreasing TVL contrasts rising fees Ether (ETH) has struggled to reclaim the $2,700 mark despite an 8% gain between June 2 and June 4. Although the price gained 48% between May 5 and June 5, further upside appears limited due to some weak network activity and rising competition. Ethereum network total value…

Arca exec writes scathing letter to Circle post-IPO

Circle is facing criticism from Jeff Dorman, chief investment officer at digital asset investment firm Arca, over a $135,000 allocation to the company during the stablecoin issuer’s recent initial public offering. In an open letter posted to social media, Dorman accused Circle and its leadership of poor judgment, calling the allocation “inappropriate” and announcing the…

Romania Postal Service Installs Bitcoin ATMs in Branches

Poșta Română, the national postal service of Romania, installed its first Bitcoin ATM at a branch location in the city of Tulcea, in partnership with the Bitcoin Romania (BTR) exchange. According to an announcement from the postal service, the next locations to receive Bitcoin (BTC) ATMs will be in Alexandria, Piatra Neamț, Botoșani, and Nădlac….

AML Company Finds $15M of Garantex Reserves

Global Ledger, a company that provides a crypto Anti-Money Laundering (AML) toolset, has identified over $15 million in active reserves from crypto exchange Garantex, some of which are on the move. According to Global Ledger’s report, a dormant Garantex Ethereum wallet began accumulating Ether (ETH) on March 6, eventually funneling $2.3 million in ETH to…

Inside Ethereum’s big pivot – Interview

Ether (ETH) is back in the spotlight, surging nearly 50% in the past month and outpacing most other major crypto assets. But what’s really fueling this dramatic comeback? And is it sustainable? In an exclusive interview with Cointelegraph, Ethereum OG and investor Ryan Berckmans lifts the curtain on a pivotal shift inside the Ethereum ecosystem….

Fed Signals ’Brighter Future for Digital Assets’: Senator

The US Senate has confirmed Michelle “Miki” Bowman as President Donald Trump’s pick to be vice chair for supervision for the Federal Reserve, signaling a potential change in the central bank’s regulatory approach after the departure of Michael Barr. In a 48-46 vote on June 4, senators confirmed Bowman to be the vice chair for…

Resilience, Regulation, and the Road to Adoption

In today’s Crypto for Advisors, Josh Olszewicz from Canary Capital provides a breakdown of Solana – where it came from, and what’s happening with the asset today. Then, Alec Beckman from Psalion answers questions about Solana’s history and considerations for investors in Ask an Expert. – Sarah Morton Solana’s Rise: Resilience, Regulation, and the Road…

Why Is Bitcoin’s Percentage Supply on Crypto Exchanges Near 7-Year Lows?

Key takeaways: Bitcoin’s percent supply on exchanges has dropped below 11% for the first time since 2018. Institutional adoption is accelerating BTC withdrawals from public exchanges. Trust in centralized platforms is shaky post-FTX. Bitcoin’s (BTC) percent supply on exchanges has dropped to near seven-year lows, falling below 11% for the first time since March 2018,…

More XRP metrics are suggesting a potential $3 rally in June

Key takeaways: XRP onchain data and chart setups converge on the $3 target. Spot taker CVD has flipped positive, suggesting confidence among buyers. XRP/BTC hints at a potential 70% rally. XRP (XRP) is flashing multiple technical and onchain signals, suggesting that a rally to $3 is possible this month. Here are several charts making the…

Solo Bitcoin Miner Wins $330K Block as Difficulty Hits Record 126.98T

A solo Bitcoin miner successfully mined block 899,826, earning a reward worth $330,386, a rare feat amid record-high network difficulty. According to mempool.space data, the block was confirmed at 3:48 am UTC on June 5 and included 3,680 transactions. The miner, operating under the Solo CK pool, collected a subsidy of 3.125 Bitcoin (BTC) plus…